The Wall Street Journal Reported Earlier, California Attorney General Rob Bonta Expected To Seek Paramount Cable Channel Divestitures, Warner Bros. Movie Studio Separation Before Approving Merger
https://www.wsj.com/business/media/california-expected-to-seek-tv-channel-sales-from-paramount-warner-91443593
California's top lawyer might say yes to a big merger between two movie companies, but only if they sell off some TV channels and movie studios first. When governments add these kinds of rules, it can change how a company's business works and what it's worth.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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